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Stimulus Legislation • Employee Relief Funds • Economic Nexus

This weekend roundup of Bloomberg Tax Insights includes retirement plan provisions in the CARES Act; tax-efficient disaster assistance for employees; the effect of economic nexus on pass-through entities; managing audits, appeals, and litigation under Covid-19; transfer pricing’s role in China’s recovery; why not to increase automated digital services taxes; the importance of the arm’s-length principle in an economic crisis; the government procurement tax and withdrawing from the WTO; and the Spanish dividend withholding tax refund ruling.

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The Big Four Are a Looming Threat to Big Law

The Big Four accounting firms employ enough lawyers to rank among the largest law firms by headcount. As Bloomberg Law’s Sam Skolnik explains in this video, for law firms “there’s real reason to be concerned about the rise of the Big Four in the legal space.”

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